Analysts’ Weekly Ratings Updates for Avnet (AVT)

A number of firms have modified their ratings and price targets on shares of Avnet (NASDAQ: AVT) recently:

• 5/13/2026 – Avnet was upgraded by Bank of America Corporation from “underperform” to “neutral”. They now have a $96.00 price target on the stock, up from $66.00.
• 5/10/2026 – Avnet was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 5/2/2026 – Avnet was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 4/30/2026 – Avnet had its “strong-buy” rating reaffirmed by Raymond James Financial, Inc.. They now have a $95.00 price target on the stock.
• 4/30/2026 – Avnet had its price target raised by Wells Fargo & Company from $60.00 to $70.00. They now have an “underweight” rating on the stock.
• 4/29/2026 – Avnet had its price target raised by Truist Financial Corporation to $95.00. They now have a “buy” rating on the stock.
• 4/14/2026 – Avnet was upgraded by Zacks Research from “hold” to “strong-buy”.
• 4/13/2026 – Avnet was upgraded by Truist Financial Corporation from “hold” to “buy”. They now have a $80.00 price target on the stock, up from $65.00.
• 3/19/2026 – Avnet was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.

Avnet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Wednesday, March 4th. Avnet’s dividend payout ratio (DPR) is currently 54.47%.

Insider Buying and Selling

In related news, CEO Philip R. Gallagher sold 23,920 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $82.92, for a total value of $1,983,446.40. Following the sale, the chief executive officer directly owned 145,003 shares of the company’s stock, valued at approximately $12,023,648.76. This represents a 14.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.90% of the company’s stock.

Avnet, Inc (NASDAQ: AVT) is a global technology distributor and solutions provider specializing in the sourcing, design, and supply chain management of electronic components and embedded systems. The company offers a broad portfolio of semiconductors, interconnect, passive and electromechanical components, as well as embedded hardware and software, cloud solutions, and Internet of Things (IoT) services. Avnet’s offerings aim to support customers through every stage of the product lifecycle, from initial prototype and design to production and end-of-life management.

Founded in 1921 by Charles Avnet, the company has evolved from a regional radio parts supplier into a multinational enterprise.